Why Europe’s fight with Chinese chip company Nexperia has ‘worried’ GM, Honda, Volkswagen and other auto companies
China’s new export restrictions on automotive chips and components, prompted by the Dutch government’s takeover of Chinese-owned chipmaker Nexperia, have left global auto companies including GM, Honda, Volkswagen and others ‘shocked’ and ‘anxious’. According to a report by Nikkei Asia, the tension between Netherland government and China over Nexperia are roiling the global automotive supply…